Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02
Date: Wed, 30 Jan 2002 10:07:45 -0600

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Hi Tom,

I understand what you are saying, but I think Eric pinted out that he is =
looking for technical pattern and nothing else. Imagine if he comes up =
with a reliable technical pattern and this pattern recognition could be =
run on "CANSLIM quality" stocks! Pretty cool trick.

Katherine
  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Wednesday, January 30, 2002 9:42 AM
  Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02


  The problem remains, Eric, that most of these don't come close to =
qualifying
  as CANSLIM. At a quick review, I only see EXPE and TVLY as even =
possessing
  the most basic CS criteria for further consideration. It takes a lot =
more
  than a breakout to find CANSLIM quality stocks.

  Tom Worley
  stkguru@netside.net
  AIM: TexWorley
  ----- Original Message -----
  From: "Tangen, Eric" <tangene@tycoelectronics.com>
  To: <canslim@lists.xmission.com>
  Sent: Wednesday, January 30, 2002 10:32 AM
  Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02


  > Hello All,
  >
  > After about 6 months of development, I've developed a breakout =
scanning
  > capability based entirely on statistics of price and volume.
  >
  > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume
  Winners
  > with Serious Number Crunching.
  >
  > The only thing that is CANSLIM related to this methodology is that =
it is
  > looking for a breakout. No fundies, no cup and handles, little to no =
chart
  > pattern reading, no scan for % institutional sponsorship, etc.
  >
  > I'm not going to divulge the details of my work - too much time and =
effort
  > went into this to give it away. And its still a work in progress. =
I've got
  > some serious backtesting I've got to code up for - I can't quote you =
a
  > figure for the reliability of these breakouts.
  >
  > For now, I will share ticker symbols.
  >
  > Here's yesterdays results:
  >
  > Tues - 01/29/02
  >
  > ACE
  > CDN
  > EXPE
  > ISSX
  > ITW
  > PSSI
  > TVLY
  > USAI
  > XRX (yes, the troubled document company made this scan - perhaps it =
might
  > qualify for the N in CANSLIM - new management (?).)
  >
  > I'm very sour on the market averages until this whole accounting =
mess gets
  > staightened up.
  >
  > Eric Tangen
  >
  >
  >
  >
  >
  >
  >
  > -
  > -To subscribe/unsubscribe, email "majordomo@xmission.com"
  > -In the email body, write "subscribe canslim" or
  > -"unsubscribe canslim".  Do not use quotes in your email.
  >
  >



  -
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  -In the email body, write "subscribe canslim" or
  -"unsubscribe canslim".  Do not use quotes in your email.

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<DIV>Hi Tom,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I understand what you are saying, but I think Eric pinted out that =
he is=20
looking for technical pattern and nothing else. Imagine if he comes up =
with a=20
reliable technical pattern and this pattern recognition could be run on =
"CANSLIM=20
quality" stocks! Pretty cool trick.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dstkguru@netside.net href=3D"mailto:stkguru@netside.net">Tom =
Worley</A>=20
  </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, January 30, =
2002 9:42=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Candidate List:=20
  ETsPVWwSNC 1/29/02</DIV>
  <DIV><BR></DIV>The problem remains, Eric, that most of these don't =
come close=20
  to qualifying<BR>as CANSLIM. At a quick review, I only see EXPE and =
TVLY as=20
  even possessing<BR>the most basic CS criteria for further =
consideration. It=20
  takes a lot more<BR>than a breakout to find CANSLIM quality =
stocks.<BR><BR>Tom=20
  Worley<BR><A =
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
  TexWorley<BR>----- Original Message -----<BR>From: "Tangen, Eric" =
&lt;<A=20
  =
href=3D"mailto:tangene@tycoelectronics.com">tangene@tycoelectronics.com</=
A>&gt;<BR>To:=20
  &lt;<A=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
&gt;<BR>Sent:=20
  Wednesday, January 30, 2002 10:32 AM<BR>Subject: [CANSLIM] Candidate =
List:=20
  ETsPVWwSNC 1/29/02<BR><BR><BR>&gt; Hello All,<BR>&gt;<BR>&gt; After =
about 6=20
  months of development, I've developed a breakout scanning<BR>&gt; =
capability=20
  based entirely on statistics of price and volume.<BR>&gt;<BR>&gt; =
ETsPVWwSNC=20
  is a scan I've developed; it stands for ET's Price =
Volume<BR>Winners<BR>&gt;=20
  with Serious Number Crunching.<BR>&gt;<BR>&gt; The only thing that is =
CANSLIM=20
  related to this methodology is that it is<BR>&gt; looking for a =
breakout. No=20
  fundies, no cup and handles, little to no chart<BR>&gt; pattern =
reading, no=20
  scan for % institutional sponsorship, etc.<BR>&gt;<BR>&gt; I'm not =
going to=20
  divulge the details of my work - too much time and effort<BR>&gt; went =
into=20
  this to give it away. And its still a work in progress. I've =
got<BR>&gt; some=20
  serious backtesting I've got to code up for - I can't quote you =
a<BR>&gt;=20
  figure for the reliability of these breakouts.<BR>&gt;<BR>&gt; For =
now, I will=20
  share ticker symbols.<BR>&gt;<BR>&gt; Here's yesterdays=20
  results:<BR>&gt;<BR>&gt; Tues - 01/29/02<BR>&gt;<BR>&gt; ACE<BR>&gt;=20
  CDN<BR>&gt; EXPE<BR>&gt; ISSX<BR>&gt; ITW<BR>&gt; PSSI<BR>&gt; =
TVLY<BR>&gt;=20
  USAI<BR>&gt; XRX (yes, the troubled document company made this scan - =
perhaps=20
  it might<BR>&gt; qualify for the N in CANSLIM - new management=20
  (?).)<BR>&gt;<BR>&gt; I'm very sour on the market averages until this =
whole=20
  accounting mess gets<BR>&gt; staightened up.<BR>&gt;<BR>&gt; Eric=20
  Tangen<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt; =

  -<BR>&gt; -To subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>&gt=
; -In=20
  the email body, write "subscribe canslim" or<BR>&gt; -"unsubscribe=20
  canslim".&nbsp; Do not use quotes in your=20
  email.<BR>&gt;<BR>&gt;<BR><BR><BR><BR>-<BR>-To subscribe/unsubscribe, =
email=20
  "<A =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
=20
  the email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp;=20
  Do not use quotes in your email.</BLOCKQUOTE></BODY></HTML>

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Next Article (by Subject): [CANSLIM] Due Diligence "Katherine Malm"
Previous Article (by Subject): Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 "Tom Worley"
Top of Thread: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 "Tangen, Eric"
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